Best Advice and Fair Advice (also referred to in German)
The principle that – irrespective of the provider – the bank’s customer is always offered the financial product that best serves his or her identifiable interests. This also excludes that bank employees are paid a special commission (fee on basis of success) if they offer in-house products to the clientele. – See Best Execution.
Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/